Tag Archives: Gamenet Group

Lottomatica SPA reports on a transformative 2022, as the Apollo Global-owned Italian gambling group eyes a first-half listing on the Milan Borsa.  An enlarged Lottomatica sees its full-year 2022 revenues stand at €1.39bn, up 72% on FY2021 comparative results of €808m. 2022 saw Lottomatica, the former Italian B2C subsidiary of IGT Plc complete its merger with Gamenet Group to become …

Sisal SPA, the operating company of Italy’s SuperEnalotto lottery and Matchpoint betting shops, has filed for an Initial Public Offering (IPO) to list its business on the Milan Borsa Exchange.  Reuters reports that the CVC Capital owned gambling group has agreed to sell its shares to an unnamed private equity firm.   Although most of the firm’s revenues come from its …

Italy’s bookmakers and gambling venues have begun to reopen their businesses following more than a year observing the government’s strict lockdown orders enforced across all regions. Approved by Italian Health Minister, Roberto Speranza, from 31 May, 2000 gambling venues (bookmakers, arcades and bingo halls) were allowed to reopen across the regions of Friuli Venezia Giulia, Molise, and Sardinia. Further reopening …

International Game Technology (IGT) has reported revenue growth of 25% for Q1 2021, attributed to structural cost savings, continued player demand and the sale of its Italian B2C business to Gamenet Group. Overall group revenue rose to $1.01bn (2020: $814m). Although the figure still represents a 11.3% decrease from the $1.14 billion in 2019, the group remains hopeful that it …